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17 - Ground Lease Agreement with Dr. Louis Trenchard for construction of a private hangar
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17 - Ground Lease Agreement with Dr. Louis Trenchard for construction of a private hangar
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25. LESSEE shall at no time use or permit the use of leased premises in a manner contrary to <br />federal, state, or local laws, ordinances, rules, or regulations. <br />26. LESSOR possesses the right to periodically inspect improvements and in no case less often than <br />annually, accompanied by LESSEE, to ensure all use requirements, including those relating to use, <br />are being met. <br />27. LESSEE shall be responsible for all taxes, if any, including without limit sales, use and excise <br />taxes, ad valorem taxes or other similar taxes, taxes on personal property, and other charges of every <br />description which are levied on or assigned against the leased premises, which may be assessed upon <br />the hangar and other improvements, or any other equipment or property associated with the hangar. <br />28. LESSEE may, at any time and from time to time, encumber the leasehold interest, by deed of <br />trust, mortgage or other security instrument, without obtaining the consent of LESSOR, but no such <br />encumbrance shall constitute a lien on the fee title of LESSOR, and the indebtedness secured thereby <br />shall at all times be and remain inferior and subordinate to all the conditions, covenants and <br />obligations of this lease and to all of the rights of the LESSOR hereunder. <br />INDEMNITY & INSURANCE: <br />29. LESSEE COVENANTS AND AGREES TO INDEMNIFY AND DOES HEREBY <br />INDEMNIFY, HOLD HARMLESS AND DEFEND CITY, ITS OFFICERS, AGENTS, SERVANTS <br />AND EMPLOYEES, FROM AND AGAINST ANY AND ALL CLAIMS OR SUITS FOR <br />PROPERTY DAMAGE OR LOSS AND/OR PERSONAL INJURY, INCLUDING DEATH, TO <br />ANY AND ALL PERSONS, OF WHATSOEVER KIND OR CHARACTER, WHETHER REAL <br />OR ASSERTED (INCLUDING, WITHOUT LIMITATION, REASONABLE FEES AND <br />EXPENSES OF ATTORNEYS, EXPERT WITNESSES AND OTHER CONSULTANTS) <br />ARISING OUT OF OR IN CONNECTION WITH, DIRECTLY OR INDIRECTLY, THE <br />NEGLIGENT OR OTHERWISE WRONGFUL ACTS OR OMISSIONS OF LESSEE, ITS <br />AGENTS, SERVANTS, CONTRACTORS, OR EMPLOYEES IN CONNECTION WITH THE <br />DESIGN, CONSTRUCTION OR INSTALLATION OF THE IMPROVEMENTS, INCLUDING <br />BUT NOT LIMITED TO INJURY OR DAMAGE TO CITY PROPERTY. SUCH INDEMNITY <br />SHALL SURVIVE THE TERM OF THIS AGREEMENT. THERE IS NO JOINT ENTERPRISE <br />BETWEEN LESSOR AND LESSEE. <br />30. During the period of construction of any building or other improvement on the leased premises <br />and at all times thereafter during the lease term, LESSEE shall keep the improvements insured <br />
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